Scott Bauer's T-Mobile Options Trade

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Scott Bauer of Trading Advantage spoke on Bloomberg Markets about a bullish options strategy in T-Mobile US Inc TMUS.

The company is going to report earnings this week and it's currently trading close to its 50-day moving average, which has been an important technical support.

To make a bullish bet, Bauer wants to buy the April 66/68.50 call spread for $0.75. The trade breaks even at $66.75 or 3.17 percent higher from the closing price on Friday. If the stock jumps to $68.50 or higher, the trade is going to reach its maximal profit of $1.75.

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Posted In: OptionsMarketsMediaBloomberg MarketsScott Bauer
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